Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined: Jul 2011
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These are straight seats regardless of ratios. The ratios apply to shrinking mainline narrow b's. What are you talking about?
Line Holder
Joined: Jan 2007
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From: metal tube operator
Banned
Joined: Jan 2012
Posts: 623
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From: DAL
Apparently they were more worried about the consequences from their ALPA overlords than they were about this "harmless" ass-chewing they're now getting from the constituents they sold out.
Last edited by More Bacon; 05-23-2012 at 03:35 PM.
The biggest mistake anyone can make is to assume that management is your friend. We have made our pilot group into a business partner with management That is what constructive engagement is, it is not going to birthday parties and yucking it up in the corporate boardroom.
We have added value to Delta in the last five years and they have put value back into our pockets. We have compounded gains into our contract at a rate that vastly exceeds other pilot groups. If we stop adding value to the company, they will put us to the side and ignore us for as long as they can. Events of the last five years have shown that we can sit for years, in fact many years with nothing happening in old school Section 6.
If you are unsure about what happens when you no longer are a business partner look what happened to Mesa (Freedom). As soon as they got on the bad side of Delta they went Scarface on them, they ended up in bankruptcy.
Here are the returns (both pay and DC plan) per year since bankruptcy exit:
2008 - 5.3% (average, some higher some lower)
2009 - 5%
2010 - 5%
2011 - 5%
2012 - 4% + 4%(TA) = 8.1% compounded
2013 - 8.5% (TA)
2014 - 4% (TA)
2015 - 3% (TA)
Quick, one of you financial gurus do a compounded return on that and let me know what you come up with.
We have added value to Delta in the last five years and they have put value back into our pockets. We have compounded gains into our contract at a rate that vastly exceeds other pilot groups. If we stop adding value to the company, they will put us to the side and ignore us for as long as they can. Events of the last five years have shown that we can sit for years, in fact many years with nothing happening in old school Section 6.
If you are unsure about what happens when you no longer are a business partner look what happened to Mesa (Freedom). As soon as they got on the bad side of Delta they went Scarface on them, they ended up in bankruptcy.
Here are the returns (both pay and DC plan) per year since bankruptcy exit:
2008 - 5.3% (average, some higher some lower)
2009 - 5%
2010 - 5%
2011 - 5%
2012 - 4% + 4%(TA) = 8.1% compounded
2013 - 8.5% (TA)
2014 - 4% (TA)
2015 - 3% (TA)
Quick, one of you financial gurus do a compounded return on that and let me know what you come up with.
Moderator
Joined: Oct 2006
Posts: 13,088
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From: B757/767
Not only that, but we just gave them 300 pilot positions by gutting our already concessionary work rules. That is far more of a threat than the FTDT rules. Let them crew 9 hour US turns or EU flights and then go back to the gate and cancel on any taxi out delay and see how much they save.
88 pilots on reserve will probably see a 30% or so raise.
We all admit that this does not meet our expectations that we filled out in the survey.
The difference day one is 7.2% give or take. One must ask if the reward is worth the risk for 140 million dollars. Just an honest question.
You must take the emotion out of this, look at it objectively and go from there.
We all admit that this does not meet our expectations that we filled out in the survey.
The difference day one is 7.2% give or take. One must ask if the reward is worth the risk for 140 million dollars. Just an honest question.
You must take the emotion out of this, look at it objectively and go from there.
Moderator
Joined: Oct 2006
Posts: 13,088
Likes: 0
From: B757/767
This is incorrect. The snapshot does NOT occur for a couple years. It happens quicker then that. I respect your right to vote NO, but please don't put out false info.
Except for one big whole - the 4:30 doesn't apply if you report after 2200 and we already have a number of rotations that have a late report and you can't tell me they won't move some of the rotations with earlier reports to a later report to save a few bucks - can certainly see it.
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